Logistics & Supply – How do your companies systems compare with what the rest of the industry is doing? • Toyota Production System –The TPS today Vs when it started in the 80’s. Any lessons to be...

Assignment
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Table of Contents
Introduction:    4
Logistic and supply chain management    5
Toyota production system:    6
Lean Manufacturing:    8
Mass Customization:    11
Manufacturing Simulation Software    13
Introduction:
RoyalMotor’s is entering into an automotive industry with the aim of building a successful enterprise with its powerful culture. Though the company is new in the industry but the team is very ambitious in terms of product offering and posses a strong culture of “we can do”.
Vision: Our Company is aimed to build a successful business empire through delighting customers with different range of products in automotive sector.
Mission: To provide safe and joyful journey to our customers
The company aimed to invent and develop new technologies and learn from the automotive giants in the industry like Toyota. It also work in the perspective of reducing effect on environment. The report on different topics like logistic and supply chain, Toyota production system, mass customization and lean manufacturing will help to improve the company manufacturing process.

Logistic and supply chain management
Introduction:
Logistic and supply chain management’s objective is to make sure about the delivery of required product to customers doorstep within estimated time with the high quality and right price. The Automotive Company like Toyota uses different logistic and supply chain management methods which help them to become leading automotive leader[footnoteRef:1]. According to Kanban technology used in Toyota, the products travels with a card. After clearing the available stock new stock will be open. The system removes card using signals to re-stock this product. This enable to keep little inventory and reduces risks. JIT manufacturing method used at Toyota enable company to produce product on demand which saves capital, inventory capacity and reduces risks associated with storing excess stock. [1: J.K. Liker, “The Toyota Way and Supply Chain Management”, Presentation for OESA Lean to Survive Program, 2005]
Implication on Our Company:
Our company can use the Toyota method and principle for logistic and supply chain management. Through JIT and Kanban technique our company could keep little inventory which automatically reduces the labor charges, and warehouse rent. It will also help in enhancing the quality of products as more capital will be used on adopting new technology in vehicle production.
Our company can improve the logistic and supply chain by adopting methods suggested by Liker (2004, pp. 28-29) and that are reduce the overproduction, minimize waiting time, limit the unnecessary transport, little inventory.
Toyota production system:
Introduction:
Toyota production system has been proven as key driver behind its rise and grown globally. Over several decades ago this pillar of Toyota’s competitive strength was developed. From 1980s, this TPS[footnoteRef:2] had gone through various changes and revolution according to changes in technology, market environment and customer demand. Some of these changes incorporate line segmentation, inter-segment buffer use and high-tech automation. Supply-chain management at Toyota is thoroughly based on TPS. It started from lean manufacturing principle to Just-in-time which is used today. [2: J. K. Liker, “The Toyota Way: 14 Management Principles from the World’s Greatest Manufacturer”, 2004]
The company work by keeping mutual understanding and trust on its suppliers and following JIT...